**Asian Shares Hold Steady as Gulf War Keeps Oil Prices Elevated**

Asian markets traded largely sideways Monday as investors weighed the economic impact of the ongoing Iran war and continued disruption to Strait of Hormuz shipping.

Brent crude held around $89 /barrel after gaining roughly 6% last week, keeping inflation concerns elevated.

 With peace talks stalled and tanker traffic through Hormuz sharply reduced, markets remain cautious.